Brazil: No Trade Impact to Iran Shipping Impasse

July 24, 2019

Brazil's foreign trade secretary Lucas Ferraz said there are no signs that the impasse involving Iranian ships without fuel near Brazilian ports will affect bilateral trade relations.

So far, Ferraz said, there has been no impact on Brazilian exports to Iran. The ships, scheduled to bring grains back to Iran, lack fuel for the journey because state-run oil company Petroleo Brasileiro SA refused to sell them bunker fuel due to U.S. sanctions on Iran.

Reporting by Rodrigo Viga Gaier

Logistics News

Subsea Global Solutions Launches New C-ROV Services

Subsea Global Solutions Launches New C-ROV Services

CSP Bilbao Terminal Invests $11m in New Post-Panamax Crane

CSP Bilbao Terminal Invests $11m in New Post-Panamax Crane

Hackathon Spotlights AI, Autonomous Systems for Maritime Security

Hackathon Spotlights AI, Autonomous Systems for Maritime Security

SeaRenergy Restructures Management to Compliment Company Growth, Industry Trends

SeaRenergy Restructures Management to Compliment Company Growth, Industry Trends

Subscribe for Maritime Logistics Professional E‑News

Manufacturers and unions warn that the UK is losing jobs to other countries due to high energy prices
How will the UK social media ban for those under 16 work?
EU lawmakers continue to pay compensation for delayed flights